New York S01979 mandates fiscal impact notes on bills affecting political subdivisions, detailing annual costs and funding sources, and invalidates.
New York S01979 amends the legislative law to require detailed fiscal impact notes on bills affecting political subdivisions, stating the estimated annual cost and the source of such estimate. The bill defines "political subdivision" as any county, city, town, village, special district, or school district. Bills omitting the funding source in the fiscal impact note will be invalidated. Additionally, if the fiscal impact results in an annual net additional cost exceeding $10,000, the bill will also be invalidated.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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